Manager, Controllership

Job ID: E2404683

Job Description:

Role/Title: Manager Controllership – Cash Accounting (L08)

Company Overview:

COMPANY OVERVIEW: Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
• Synchrony celebrates ~51% women diversity, 105+ people with disabilities, and ~50 veterans and veteran family members.
• We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
• We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles

Organizational Overview:

Controllership organization within Finance COE responsible to monitor day-to-day accounting activities involved in Synchrony business. Controllership mostly covers Cash Accounting, general accounting, client accounting, reconciliations, closing & reporting, system maintenance, and governance related sub-processes. Every process contributes to our quarterly & annual financial close process and ensure that we have accurate external reporting. 

Role Summary/Purpose:

This role will support Cash Accounting processes including daily balancing of open check activity, month-end close and analysis, and month-end reconciliations.  This role will assist with credit balance refund processes, projects, ad-hoc requests, and other duties as assigned.

Key Responsibilities:

• Perform Daily Balancing, including resolution of variances, and preparation of the month-end reconciliation support.
• Research and resolve transaction variances for open items.
• Leading/Being part of the process improvement ideas by collaborating with automation team.
• Work closely with various stakeholders and cross-functional teams
• This role involves monitoring of all aged items in accordance with assigned thresholds and assisting in query resolution for the team.
• Detailed knowledge of the process flow of assigned accounts and T-Recs/Blackline balancing procedures
• Research/follow up on all reconciling items for assigned accounts with strong root cause/action plans documented.
• Process improvement ideas for assigned accounts and implementation of small to medium scale improvements
• Month-end responsibilities including journal entry preparation and reconciliations in accordance with SYF standards
• Support of Governance initiatives such as job aid reviews, updates, and testing
• Support of internal and external audits and internal control reviews
• Support ad-hoc reporting requests
• Other duties as assigned

Required Skills/Knowledge:

• Bachelor’s Degree in Accounting or Finance with minimum of 0-2 years of accounting experience, or in lieu of a degree minimum of 2-4 years of accounting experience
• Excellent analytical and problem-solving skills
• Software Skills (Excel, Word, PowerPoint)
• Excellent organization and follow-up skills
• Excellent communication skills – both oral and written
• Ability to execute in a fluctuating environment
• Demonstrated commitment to quality and customer service

Desired Skills/Knowledge:

• Experience with reconciliation systems (T-Recs/Blackline)
• Experience with checks/drafts processes
• Experience with Oracle
• Prior Banking Experience

Eligibility Criteria:

Bachelor’s Degree in Accounting or Finance with 0-2 years of accounting experience, or in lieu of a degree minimum of 2-4 years of accounting experience

Work Timings: 5:30 am to 2:30 pm EST

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying
• Inform your manager and HRM before applying for any role on Workday
• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
• Must not be any corrective action plan (First Formal/Final Formal, PIP)
• L4 to L7 Employees who have completed 12 months in the organization and 12 months in current role and level are only eligible.
• L8 Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.
• L4+ Employees can apply

Grade/Level: 08

Job Family Group:

Finance